Maryland Matters, June 20, 2023, Advocates: A Maryland Community Reinvestment Act needed to invest in underserved communities Another statute passed by Congress in 1977 was the Community Reinvestment Act (CRA), which is meant to ensure banks and other financial institutions meet investment needs in the low- and moderate-income communities around them. But two groups — […]
American Banker, June 12, 2023, PayPal swoops into lending markets that banks abandoned PayPal and its rivals may be targeting areas previously served by community banks, but large banks have also been deemphasizing branches. Bank branches in general have had a net decline from more than 100,000 in 2009 to about 80,000 in 2022. And Self Financial reports that branches are
American Banker: PayPal swoops into lending markets that banks abandoned Read More »
Bloomberg, June 12, 2023, Reforms to Home Appraisal Bias Target Algorithms and Tech National Community Reinvestment Coalition President Jesse Van Tol said in a press statement that the new AVM rule was “welcome news.” “As the financial industry experiments with powerful tools at the bleeding edge of technology’s new reach, our government has a duty
Bloomberg: Reforms to Home Appraisal Bias Target Algorithms and Tech Read More »
Axios, June 12, 2023, Exclusive: EPA administrator talks AI, environmental justice Driving the news: Before heading to a Silicon Valley clean energy summit Thursday, Regan stopped by Google’s campus to talk with chief sustainability officer Kate Brandt about tech innovation and how the private sector is pushing the envelope on equity and climate action. He spoke with Axios after the
Axios: Exclusive: EPA administrator talks AI, environmental justice Read More »
Quartz, June 13, 2023, Could instituting a four-day workweek be a feminist act? Reception has been largely favorable. Workers report improved work-life balance, less stress and burnout, and higher productivity. But evidence has pointed to one other surprising outcome: The four-day workweek may also improve gender parity. Men with a four-day week reported spending 22%
Quartz: Could instituting a four-day workweek be a feminist act? Read More »
With more than 750 local, state and regional nonprofits, educational and faith-based institutions and government entities making up the National Community Reinvestment Coalitions (NCRC)’s membership, it can be hard for new members to feel instantly connected.
Give A Warm Welcome To NCRC’s Newest Members Read More »
A new 3-course series from the National Community Reinvestment Coalition invites you to explore the world of Community Development Financial Institutions (CDFIs). The series is designed for NCRC member organizations interested in launching a CDFI.
Scholarship Opportunity: Building Stronger Communities Through CDFIs Read More »
A new in-person training course from the National Community Reinvestment Coalition (NCRC) is designed to revolutionize the way nonprofit professionals approach equity and inclusion.
The podcast, Our Body Politic, hosted Washington Post columnist Karen Attiah and writer, historian and scholar Jelani Cobb at the 2023 Just Economy Conference to discuss the challenges facing journalists of color in today’s media landscape.
Jelani Cobb, Karen Attiah and Our Body Politic at the 2023 Just Economy Conference Read More »
NCRC’s Emerging Leaders Reception is a networking event for young professionals from across the country pursuing a career in the community development field.
SXSW attendees can meet NCRC CDF during the “Impact Investing that Actually Works” session, at their booth (#649), or during a mentorship session.
NCRC Community Development Fund Highlights Power of Impact Investing at SXSW Read More »
The National Institute of Health (NIH) has awarded a five-year, $3 million research grant to researchers at the National Community Reinvestment Coalition (NCRC), the University of Michigan’s Institute for Social Research (ISR) and the University of Richmond to create and harmonize important data exploring the association of structural racism with health in the United States.
NCRC has joined with Americans for Financial Reform, the National Consumer Law Center, More Perfect Union, and numerous other organizations in a campaign in support of the Consumer Financial Protection Bureau’s new proposed rule that holds banks accountable to keep credit card late fees at $8 or less. Send a comment to support the CFPB
Support the CFPB and Stop Credit Card Junk Fees Read More »
American Banker, January 26, 2023, Auto lending practices draw regulatory scrutiny for USAA Fair-lending and consumer protection advocates see the unprecedented second failing grade as a sign of both the severity of USAA’s malpractice and a growing willingness for regulators to be tougher on banks. “What is encouraging about all this is that we’ve called
American Banker: Auto lending practices draw regulatory scrutiny for USAA Read More »
Banking Dive, November 29, 2022, BMO unveils $40 Billion community benefits plan BMO developed the plan with input from more than 85 community groups through listening sessions facilitated by the National Community Reinvestment Coalition (NCRC) and the California Reinvestment Coalition (CRC). A number of community advocates expressed their concerns over the deal during a July public hearing held
Banking Dive: BMO unveils $40 Billion community benefits plan Read More »
